Tom McClellan

Technical Analyst - Editor of The McClellan Market Report. Trying to figure out stock market physics, and to leave my campsite cleaner than how I found it.

[Tom McClellan @McClellanOsc]

"Everyone times the market. Some people buy when they have money, and sell when they need money, while others use methods that are more sophisticated."
- - Marian McClellan (1934-2003), co-creator of the McClellan Oscillator and Summation Index https://t.co/Klktg9ZX3Y

[Joe David Myers - OJinAZ @JDMMIG]

@McClellanOsc Can you share the quote of your mother that you gave on the https://t.co/RwgNLC4w4d Marketwatchers webinar. Thanks

[Jim Carroll @vixologist]

It doesn't matter until it does......
https://t.co/sIlfS5pYsC

[Tom McClellan @McClellanOsc]

@RyanWeather Ok, then what do the simulations say about detonating a MOAB in the eye of a hurricane? Is it too small (as I suspect) to materially affect the pressure differential?

[Tom McClellan @McClellanOsc]

The reason why activists insist on calling this an “emergency” is not that they want to gain control over the climate. They want to gain control over you and me.

[Electroverse @Electroversenet]

Climate deaths are down 96% since the 1920s.

Despite four times more people on the planet, far fewer are dying from floods, storms, droughts or heat.

That's not "climate collapse," it's resilience.

Better housing, trade and technology have made humanity safer than ever.

Even global disaster costs are falling, now under 0.2% of world GDP, down from 0.3% in 1990.

The data show humanity is thriving by historical comparison, yet activists insist on calling this an "emergency."

But the real crisis isn't the climate, it's the trillion dollar policies built on false alarms.

[Tom McClellan @McClellanOsc]

@StragglerPoo @hectorchamizo The difference is that I was making that suggestion for his benefit, not my own.

[Tom McClellan @McClellanOsc]

@StragglerPoo @hectorchamizo Why don’t YOU do that, and share it rather than thinking you get to dictate what others should do for you?

[Tom McClellan @McClellanOsc]

@WalterHudson @X I must be doing it wrong then, because I have made a large number of friends here.

[Tom McClellan @McClellanOsc]

@TheFoundationAi @NautilusCap No, that’s not what I am saying. Sometimes the market runs a little bit ahead of or behind schedule vs seasonality. Shifting the plot to achieve better alignment allows one to see how that is happening (or not).

[Tom McClellan @McClellanOsc]

@TheFoundationAi @NautilusCap You are applying your own bias by telling the market how it should behave. Our job as chartists is to learn the market’s rules, not to insist it follow ours.

[Tom McClellan @McClellanOsc]

@PeterLBrandt There is indeed money for interventional electro cardiology helping people with AFib like this.

[Chris Martz @ChrisMartzWX]

This is how propaganda works.

Scientific American claims that “Europe is on fire.”

But here in the real world, European fire burn area is currently lowest on record (since 2012, though it can be reasonably assumed since 1900 due to widespread fire suppression) year-to-date.

But a chunk of that could be due to less grassland area burning.

When forests burn, more carbon dioxide (CO₂) is emitted. So, another metric we can take a look at are cumulative annual CO₂ emissions from fires. Well, in Europe, 2026 year-to-date CO₂ emissions from fires is 7th lowest on record since 2003.

The wildfire situation in Europe this year is not at all unusual continentally.

Scientific American is garbage and they ought to change their name to “unScientific American.”

[Tom McClellan @McClellanOsc]

@FatThory And it was in my newsletter before that.

[Tom McClellan @McClellanOsc]

Bitcoin futures were first included in the weekly COT Report in 2017, and were quiet early on. In most futures, the "commercial" traders are the smart money, but in Bitcoin few traders qualify as producing or using the subject commodity in their trade or business. So the large speculators in the non-commercial category take over the role as the smart money.

These traders are net long now in a huge way. You can see in the chart what prior big net long positions have meant afterward for prices.

[Tom McClellan @McClellanOsc]

@McClellanOsc @hectorchamizo Then lay the nominal SPX over real earnings. Then run a chart os SPX / Real Earnings.

[Tom McClellan @McClellanOsc]

@nycgrover Don’t buy or sell fentanyl.

[Tom McClellan @McClellanOsc]

The word is Fentanyl.
It is properly pronounced as FEN-ta-NILL.

Why do so many supposedly educated TV reporters pronounce it as FEN-tin-OLE?

[Tom McClellan @McClellanOsc]

@HyenukChu ¡Que linda! Puedes ver todos los datos mucho mejor, ¿no? Pero me gustaria la carta mucho mejor si los lingotes de volumen a precio no pisotean las velas de precios. Prefiero leer los precios en una carta tan limpia como posible.

[Tom McClellan @McClellanOsc]

No one currently serving in Congress has ever voted for a balanced federal budget. They claimed to have had a balanced budget in 2000, but the total debt has climbed every year since 1960. It is not a balanced budget if you're still borrowing.

[Chuck Grassley @ChuckGrassley]

U.S debt hit $40T It’s a wake up call 4 America Voters hv 40 trillion reasons 2 reject unaffordable socialist policies American prosperity REQUIRES fiscal discipline #realhistorychannel

[Tom McClellan @McClellanOsc]

@jimsutton1 Yes but I was talking about educated people.

[Tom McClellan @McClellanOsc]

@hectorchamizo Y lo que paso' mas antes de 1935, no debemos pensar.

[Tom McClellan @McClellanOsc]

Meanwhile, Investors Intelligence is doing what it almost always does, matching the steps of a detrended plot of the SP500. It does this matching more precisely than any other sentiment survey. When there is an overshoot, that can be a useful sentiment insight.

[Helene Meisler @Chartfest1]

AAII folks not phased by anything. Then again the S&P is the same place it was 2 weeks ago.

Bulls 35.5% (+1)
Bears 39.9% (+2)